Current account balance as a proportion of GDP (%) in Angola
Angola: Current account balance as a proportion of GDP (%) was 6.2% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Angola, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Angola recorded 6.2% for current account balance as a proportion of gdp in 2024.
The figure is up 60.0% on the previous year and up 355.8% over ten years.
Over the whole period, current account balance as a proportion of gdp in Angola peaked at 18.2% in 2006 and was at its lowest, -16.0%, in 2001.
Angola ranks 27th of 205 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP (%) in Angola, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 8.7% | — |
| 2001 | -16.0% | -283.7% |
| 2002 | -0.9% | -94.6% |
| 2003 | -3.5% | +308.0% |
| 2004 | 2.5% | -171.3% |
| 2005 | 12.4% | +391.9% |
| 2006 | 18.2% | +46.8% |
| 2007 | 14.5% | -20.5% |
| 2008 | 7.3% | -49.7% |
| 2009 | -9.3% | -227.3% |
| 2010 | 7.9% | -184.8% |
| 2011 | 10.4% | +32.7% |
| 2012 | 9.6% | -7.5% |
| 2013 | 5.5% | -43.2% |
| 2014 | -2.4% | -144.6% |
| 2015 | -10.0% | +310.2% |
| 2016 | -5.2% | -48.6% |
| 2017 | -0.8% | -85.4% |
| 2018 | 8.3% | -1202.6% |
| 2019 | 6.4% | -23.1% |
| 2020 | 1.5% | -76.7% |
| 2021 | 10.6% | +612.6% |
| 2022 | 9.0% | -15.1% |
| 2023 | 3.9% | -56.4% |
| 2024 | 6.2% | +60.0% |
Angola compared with similar countries
- Angola's 6.2% is above the median for lower middle income countries, which is -0.8%. (43 countries reporting)
- Angola's 6.2% is above the median for Sub-Saharan Africa, which is -4.1%. (40 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) in Angola changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | +1202.6% | -0.8% | 8.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.4% | -16.0% | 18.2% | 10 |
| 2010s | 3.0% | -10.0% | 10.4% | 10 |
| 2020s | 6.2% | 1.5% | 10.6% | 5 |
Countries ranked near Angola
More economy & growth data for Angola
- Real gdp growth, annual growth rate 275.23 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7535 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.63 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -33.74 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0026 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 8.17 units per person (2025)
- SDRs holdings, SDR, annual growth rate -36.9 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 5.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -6.11 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Angola?
- Current account balance as a proportion of gdp in Angola was 6.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Angola?
- The highest recorded value was 18.2% in 2006.
- What is the lowest current account balance as a proportion of gdp recorded in Angola?
- The lowest recorded value was -16.0% in 2001.
- How does Angola rank for current account balance as a proportion of gdp?
- Angola ranks 27th out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Angola?
- Over the last ten years it is up 355.8%. The long-run trend across the full record is volatile.
- Where does this Angola data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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